Cheap Apartments for Rent in the South Loop Neighborhood of El Paso, TX from $300 (6 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the South Loop area of El Paso.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

close
View Me
Canyon Square Village
1 to 4 Bedroom Apartments

Canyon Square Village

8622 N Loop DrEl Paso, TX 79907
  • Utilities Included

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Cheapest Available South Loop Apartments for Rent

 

The cheapest available apartment rental in the South Loop area of El Paso, TX is a 1 Bed unit found at San Marcos Apartment Homes priced from $819. Padres Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $855. Here are the most affordable South Loop apartments for rent in El Paso, TX:

Apartment ListingModel NameBed/BathPriced From
San Marcos Apartment HomesAzalea Suit1BR,1BA$819
Padres Village Apartments2 Bedroom 1 Bath2BR,1BA$855
La Hacienda Apartments2 Bedroom 1 Bath2BR,1BA$900

Best Value Apartments for Rent in South Loop, TX

As of April 20, 2026 the best value apartment in the South Loop area is the $1.26 price per square foot 8487 Roseway Dr Model at 8487 Roseway Dr, Unit A in the in the Ascarate neighborhood starting from $1,100. The second greatest value South Loop apartment is the 2 Bed, 1 Bath Model at Bella Vista Place Apartments starting at $1,123 with a $1.34 price per square foot in the Ysleta neighborhood. Here is today’s list of the best values for South Loop apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8487 Roseway Dr, Unit A8487 Roseway Dr3BR,2BA$1.26
Bella Vista Place Apartments2 Bed, 1 Bath2BR,1BA$1.34
North Loop Apartments2 Bedroom 1 Bath2BR,1BA$1.50
Prado Apartments2 Bedroom2BR,1BA$1.30
La Hacienda Apartments2 Bedroom 1 Bath2BR,1BA$1.24
San Montego2 Bedroom2BR,1BA$1.29
Nevarez Palms1 Bedroom 1 Bath1BR,1BA$1.53
Padres Village Apartments2 Bedroom 1 Bath2BR,1BA$1.32
Estancias ValenciaOne Bedroom1BR,1BA$1.66
San Marcos Apartment HomesAzalea Suit1BR,1BA$1.56

Frequently Asked Questions about Cheap South Loop Apartments

What is the price of a cheap apartment in South Loop?

The cheapest apartment in South Loop is San Marcos Apartment Homes which is listed at $819, while the average apartment in South Loop costs $1,760.

What types of apartments are the cheapest in South Loop?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 4 regular apartments in South Loop that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in South Loop?

Cheap apartments in South Loop have an average cost of $964 which is $796 cheaper than the average rent for all rentals in South Loop.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for An El Paso, TX Local Expert's Guide to Affordable Neighborhoods for Renters article

An El Paso, TX Local Expert's Guide to Affordable Neighborhoods for Renters

Written by: Lori Rosario

El Paso has been inhabited for thousands of years and still has much to offer people of all ages and walks of life.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.